Forex Trend candlesticks strategy

Trading Strategies 0 889


Summary : 

Forex Trend candlesticks strategy system that uses candlestick.

 

Metatrader Indicators : 

- CPI or Pattern Recognition Master;

- Real MACD.

- Non Lag MA.

 

Trading Conditions

 - Chart Timeframe : 4 Hours or Daily Timeframe.

- Currency Pairs : Any pairs.

 

Long Position Entry : 

1.     Real MACD must be Green.

2.     Non Lag MA is Cyan and there is a candlestick pattern up.

 

Short Position Entry : 

1.     Real MACD must be Red.

2.     Non Lag MA is Red and there is a candlestick pattern down.

 

Exit Rules : 

- Profit Option 1 : 4H - EURUSD 25 pips, AUDUSD 18 pips, GBPUSD 30 pips, EURJPY 30 pips, GBPJPY 33 pips.

- Profit Option 2 : Daily - EURUSD 50 pips, AUDUSD 40 pips, GBPUSD 60 pips, EURJPY 30 pips, GBPJPY 65 pips.

- Stop Loss Option : on higher or lower candle signal pattern.

- Stop Loss Option 2 : for sell 2 pips above the previous swing.

 

How to install Files?

- Download *.zip file.

- Copy Indicators folder to your Metatrader Directory / indicators /

- Copy Template folder to your Metatrader Directory / templates /

- Copy Libraries folder to your Metatrader Directory / Libraries /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select Template

- You will see Trading System strategy is available on your Chart

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